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ISTAT: collapse of the April workers, -274 thousand in a month. Covid emergency effect. In two months -400 thousand

2020-06-04T19:32:52.360Z

In two months -400 thousand. The inactive ones rise (ANSA) In April 2020, the month of lockdown, there are 274 thousand fewer employees than in March. Istat notes this, speaking of a "marked decrease". The effect of the Covid-19 emergency on the labor market "appears decidedly more marked than in March", explains the Institute. "Employment registered a decrease of almost 300 thousand units, which in the two months led to an overall decrease of 400 thousa...



 In April 2020, the month of lockdown, there are 274 thousand fewer employees than in March. Istat notes this, speaking of a "marked decrease". The effect of the Covid-19 emergency on the labor market "appears decidedly more marked than in March", explains the Institute. "Employment registered a decrease of almost 300 thousand units, which in the two months led to an overall decrease of 400 thousand employees and a percentage point in the employment rate", is underlined in the comment accompanying the estimates. 

The inactive, those who neither have nor are looking for a job, in April, the month of lockdown, rise by 746 thousand units. The institute speaks of "further strong growth in inactivity". 

In April, the unemployment rate dropped to 6.3% from 8.0% in March. Istat notes this. This is the minimum since November 2007. The effect of the lockdown weighs, with 484 thousand fewer people looking for work (-23.9% compared to March). The number of unemployed, precisely those who are looking for a job, drops to 1.5 million 543 thousand. 

Source: ansa

All life articles on 2020-06-04

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